Business Advisory Services Manager salary in Iceland

Average Yearly Salary of Business Advisory Services Manager in Iceland is approximately 20,435,309 ISK (142,172 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Business Advisory Services Manager do?

A Business Advisory Services Manager is responsible for providing strategic guidance and advice to businesses in order to improve their overall performance and achieve their goals. They work closely with clients to understand their business needs, analyze financial data, identify areas for improvement, and develop effective solutions. This role involves conducting market research, analyzing industry trends, and keeping up-to-date with regulatory changes to provide clients with accurate and relevant advice. Business Advisory Services Managers also oversee project teams, manage client relationships, and ensure the successful implementation of recommended strategies.

Skills: Business advisory, Strategic guidance, Financial analysis, Performance improvement, Market research, Client relationship management.
Job industry: Consulting

How much does Business Advisory Services Manager make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Business Advisory Services Manager a well paid job?

Yes, our data show that Business Advisory Services Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Business Advisory Services Manager?

High salary for Business Advisory Services Manager would be somewhere between 22,478,840 ISK and 29,631,198 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Advisory Services Manager in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 20,435,309 ISK
Estimated Monthly Salary: 1,702,942 ISK
Estimated Weekly Salary: 392,987 ISK per week
Estimated Hourly Salary: 9,825 ISK per hour
By working as Business Advisory Services Manager a person can save up to 9,119 USD per month or 109,426 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Business Advisory Services Manager

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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